Integrated Filing — IndAS



General information about company

Scrip Code 544600
NSE Symbol LENSKART
MSEI Symbol NOTLISTED
ISIN INE956O01016
Name of company LENSKART SOLUTIONS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 29-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 19-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 29-11-2025   11:30:00
End date and time of board meeting 29-11-2025   13:17:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 2,09,614.50 3,99,060.00
Other income 3,325.50 8,490.10
Total income 2,12,940.00 4,07,550.10
2 Expenses
(a) Cost of materials consumed 55,154.20 1,06,387.40
(b) Purchases of stock-in-trade 11,929.20 21,993.70
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (2,067.40) (2,961.60)
(d) Employee benefit expense 50,254.40 96,814.20
(e) Finance costs 4,516.90 8,620.70
(f) Depreciation, depletion and amortisation expense 25,340.60 49,053.70
(f) Other Expenses
1 Other expenses 52,906.40 1,01,784.20
Total other expenses 52,906.40 1,01,784.20
Total expenses 1,98,034.30 3,81,692.30
3 Total profit before exceptional items and tax 14,905.70 25,857.80
4 Exceptional items 0.00 (1,038.60)
5 Total profit before tax 14,905.70 24,819.20
6 Tax expense
7 Current tax 6,873.70 11,851.60
8 Deferred tax (2,419.30) (3,542.60)
9 Total tax expenses 4,454.40 8,309.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 10,451.30 16,510.20
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (106.20) (47.80)
16 Total profit (loss) for period 10,345.10 16,462.40
17 Other comprehensive income net of taxes 5,716.80 10,479.00
18 Total Comprehensive Income for the period 16,061.90 26,941.40
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 10,221.80 16,230.00
Total profit or loss, attributable to non-controlling interests 123.30 232.40
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 15,841.30 26,698.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 220.60 243.40
21 Details of equity share capital
Paid-up equity share capital 15,433.70 15,433.70
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.61 0.97
Diluted earnings (loss) per share from continuing operations 0.61 0.97
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.61 0.97
Diluted earnings (loss) per share from continuing and discontinued operations 0.61 0.97
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. This Statement of Unaudited Consolidated Financial Results has been reviewed by the Audit Committee and approved by the Board of Directors in their respective meetings held on 29 November 2025. 2. This Statement of Unaudited Consolidated Financial Results has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. 3. Pursuant to Initial Public Offering IPO as explained in note 4 below, the Statement of Unaudited Consolidated Financial Results of Lenskart Solutions Limited for the quarter and six months period ended September 30, 2025, is drawn up for the first time in accordance with the Regulation 33 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 4. Subsequent to the Balance sheet date, the Holding Company has completed its Initial Public Offer (IPO) of 181,063,669 equity shares of face value Rs. 2 each. The issue comprised of 53,501,096 shares offered as fresh issue and 127,562,573 shares offered as offer for sale aggregating to Rs. 72,780.15 millions. Pursuant to IPO, the equity shares of the Holding Company were listed on National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on 10 November 2025. 5. Exceptional item includes impairment of investment amounting to 103.86 Mn incurred during the quarter ended 30th June 2025. 6. (a) The figures of the quarter ended 30 September 2025 is the balancing figures, between consolidated unaudited results of six months period ended 30 September 2025 and consolidated audited results for the quarter ended 30 June 2025, which were subject to limited review by the statutory auditor. (b) The figures of the quarter ended 30 September 2024 is the balancing figures, between consolidated unaudited results of six months period ended 30 September 2024 and consolidated audited results for the quarter ended 30 June 2024, which has been approved by Board of Directors but have not been subjected to review or audit of the statutory auditors. 7. During the six months period ended 30 September 2025: (a) the Company’s wholly owned subsidiary, Lenskart Singapore Pte. Ltd., acquired an 84.21% stake in Stellio Ventures S.L for Rs. 4,102.72 million which includes a deferred consideration of Rs 523.58 million payable to founders within 3 years and 45 days from the date of acquisition i.e. 11 August 2025 and has been accounted in accordance with Ind AS 103 Business Combinations. (b) the Company has acquired additional stake of 79.04% for Rs.109.16 million in Quantduo Technologies Private Limited, pursuant to which it has become a subsidiary of the Company with a total stake of 96.15% and has been accounted in accordance with Ind AS 103 Business Combinations. (c) the Company has investment of Rs. 215.02 million for acquisition of 5.05% stake in Dimension NXG Private Limited which has been classified as associates in accordance with Ind AS -28 Investments in Associates and Joint Ventures. 8. Subsequent to the quarter ended 30 September 2025, the Board of directors in their meeting held on 10 October 2025, has approved conversion of all outstanding Preference Shares into equity shares as per the terms of issue. The Holding Company has filed relevant forms with Ministry of Corporate Affairs (MCA). 9. Other Income for the year ended 31 March 2025 includes fair value gain of 1,671.98 Mn on account of extinguishment of financial liability by 4.40% due to acquisition of stake in Owndays Inc and fair valuation of remaining deferred liability for 3.33% stake in Owndays Inc. This transaction was done on 02 January 2025. 10. The Indian Parliament has approved the Code on Social Security, 2020 and The Ministry of Labour and Employment has released rules for the Code on Social Security, 2020 on 21 November 2025 (“Effective Date”). The Company and its subsidiary, joint ventures and associates incorporated in India is in the process of assessing the impact of such changes, if any. 11. These Consolidated Financial Results for the quarter and six months period ended 30 September 2025 are available on the BSE Limited website (URL: www.bseindia.com), the National Stock Exchange of India Limited website (URL: www.nseindia.com) and on the Company's website (URL: https://www.lenskart.com).



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,53,469.40
Capital work-in-progress 6,661.60
Investment property 0.00
Goodwill 2,19,092.50
Other intangible assets 1,07,597.60
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 1,892.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 36,452.20
Total non-current financial assets 38,344.20
Deferred tax assets (net) 11,452.90
Other non-current assets 2,51,285.00
Total non-current assets 7,87,903.20
2 Current assets
Inventories 1,24,287.40
Current financial asset
Current investments 42,307.60
Trade receivables, current 14,654.20
Cash and cash equivalents 89,214.10
Bank balance other than cash and cash equivalents 25,977.10
Loans, current 0.00
Other current financial assets 30,057.20
Total current financial assets 2,02,210.20
Current tax assets (net) 0.00
Other current assets 33,395.80
Total current assets 3,59,893.40
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 11,47,796.60
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 32,148.80
Other equity 6,03,318.50
Total equity attributable to owners of parent 6,35,467.30
Non controlling interest 10,877.30
Total equity 6,46,344.60
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 18,485.60
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 2,25,812.10
Total non-current financial liabilities 2,44,297.70
Provisions, non-current 9,845.70
Deferred tax liabilities (net) 17,473.10
Deferred government grants, Non-current 0.00
Other non-current liabilities 6,970.60
Total non-current liabilities 2,78,587.10
Current liabilities
Current financial liabilities
Borrowings, current 13,376.10
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 7,283.20
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 81,341.20
Total Trade payable 88,624.40
Other current financial liabilities 76,881.30
Total current financial liabilities 1,78,881.80
Other current liabilities 27,340.40
Provisions, current 8,899.20
Current tax liabilities (Net) 7,743.50
Deferred government grants, Current 0.00
Total current liabilities 2,22,864.90
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 5,01,452.00
Total equity and liabilites 11,47,796.60
Disclosure of notes on assets and liabilities Textual Information(1)



Text Block

Textual Information(1) 1. Other Non Current Financial Assets include Investments accounted for in Equity method amounting to INR 416.79 Mn. 2. Other Non Current Assets Include Right to use assets amounting to INR 23859.24 Mn 3. Equity share capital includes Investment entirely equity in nature amounting to INR 1670.97 Mn 4. Other Non Current Financial Liabilities include lease liabilities amounting to INR 19396.91 Mn.



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 India 1,23,059.30 2,39,977.70
2 International 87,964.10 1,61,609.10
3 Inter segment elimination 0.00 0.00
Total Segment Revenue 2,11,023.40 4,01,586.80
Less: Inter segment revenue 1,408.90 2,526.80
Revenue from operations 2,09,614.50 3,99,060.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 India 12,606.70 24,561.90
2 International 3,109.10 1,969.10
3 Inter segment elimination 275.20 (590.30)
Total Profit before tax 15,991.00 25,940.70
i. Finance cost 4,516.90 8,620.70
ii. Other Unallocable Expenditure net off Unallocable income (3,325.40) (7,451.40)
Profit before tax 14,799.50 24,771.40
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 India 9,35,233.10 9,35,233.10
2 International 6,35,200.30 6,35,200.30
3 Inter segment elimination 0.00 0.00
Total Segment Asset 15,70,433.40 15,70,433.40
Un-allocable Assets (4,22,636.80) (4,22,636.80)
Net Segment Asset 11,47,796.60 11,47,796.60
4 Segment Liabilities
Segment Liabilities
1 India 2,60,712.00 2,60,712.00
2 International 2,90,223.50 2,90,223.50
3 Inter segment elimination 0.00 0.00
Total Segment Liabilities 5,50,935.50 5,50,935.50
Un-allocable Liabilities (49,483.50) (49,483.50)
Net Segment Liabilities 5,01,452.00 5,01,452.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement Loss on Defined Benefit Plans -370000 -2800000
2 Income Tax credit 600000 700000
Total Amount of items that will not be reclassified to profit and loss 2.30 (21.00)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences on translation of financial statements of foreign operations 571450000 1050000000
Total Amount of items that will be reclassified to profit and loss 5,714.50 10,500.00
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 5,716.80 10,479.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 24,819.20
Adjustments for reconcile profit (loss)
Adjustments for finance costs 8,620.70
Adjustments for decrease (increase) in inventories (11,387.10)
Adjustments for decrease (increase) in trade receivables, current (848.70)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (3,348.80)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (9,890.30)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 9,046.90
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (2,148.60)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 49,053.70
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 1,038.60
Adjustments for provisions, current 1,280.10
Adjustments for provisions, non-current 407.40
Adjustments for other financial liabilities, current 13,277.90
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 265.70
Adjustments for dividend income 0.00
Adjustments for interest income 2,160.20
Adjustments for share-based payments 391.00
Adjustments for fair value losses (gains) (4,494.20)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 74.10
Other adjustments to reconcile profit (loss) (313.00)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 48,865.20
Net cash flows from (used in) operations 73,684.40
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 7,603.30
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 66,081.10
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 32,104.40
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 2,199.90
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 30,557.50
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 3,310.90
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 54,261.80
Net cash flows from (used in) investing activities (7,289.10)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 1,137.70
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 1.20
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 0.00
Repayments of borrowings 3,944.10
Payments of lease liabilities 36,808.30
Dividends paid 0.00
Interest paid 392.10
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (40,008.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 18,784.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 5,008.20
Net increase (decrease) in cash and cash equivalents 23,792.20
Cash and cash equivalents cash flow statement at beginning of period 65,421.10
Cash and cash equivalents cash flow statement at end of period 89,213.30